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Coal Mines Provident Fund Organisation (CMPF) is an agency of the Indian government established in 1948 under The Coal Mines Provident Fund and Miscellaneous Provisions Act 1948.[1] It serves as the official pension fund of coal miners and is financed by coal producers on a per-tonne basis.[2] The fund pays the pensions of about 500,000 former coal miners, and has been considered financially precarious since 2017. [3]
References
- ^ "Coal Mines Provident Fund Organisation". cmpfo.gov.in. Archived from the original on 28 April 2015. Retrieved 27 September 2015.
- ^ Sengupta, Debjoy (9 May 2020). "CIL board to take up PF contribution plan". The Economic Times. Retrieved 20 May 2020.
- ^ Sengupta, Debjoy (7 May 2020). "EPFO, CMPFO merger on cards". The Economic Times. Retrieved 20 May 2020.
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